đ$ETH ETH/USDT SET TO BREAK NEW HIGHS â ARE YOU READY? đ
Current Price: $3,646.80 (+1.61%)
Ethereum is gaining momentum, steadily climbing towards its recent resistance of $3,684.92. With bullish sentiment in play, ETH could be preparing for a significant breakout!
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đ Key Levels to Monitor:
đ Resistance Levels:
$3,684.92 â Immediate resistance; a breakout could propel ETH higher.
$3,753.67 â Next target for the bulls.
đ Support Zones:
$3,249.53 â Key support to maintain upward momentum.
$2,745.39 â Major fallback support if a pullback occurs.
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đ Market Indicators:
Volume: Increasing trading activity signals growing interest.
Moving Averages: ETH is holding above key MAs, confirming a strong bullish trend.
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đź What to Expect:
1ïžâŁ Bullish Breakout:
A successful push above $3,684.92 could trigger a rally toward $3,753.67 and beyond.
2ïžâŁ Consolidation:
ETH might consolidate between $3,249.53 and $3,684.92 before the next major move.
3ïžâŁ Correction:
A dip below $3,249.53 may lead to a retest of $2,745.39, providing a potential re-entry opportunity.
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â ïž Traderâs Strategy:
Entry Point: Look for a breakout above $3,684.92 for a safer long entry.
Stop-Loss: Place stop-loss below $3,249.53 to manage risk.
Targets: Aim for $3,753.67 and $3,900.00 in the short term.
ETH is showing robust signs of strengthâstay prepared for the next big move!
#Ethereum #CryptoTrading #Binance #AltcoinAlert #Write2Earn!